BRIGHTSTAR RESOURCES LIMITED — Interim / Quarterly Report 2016

Sep 6, 2016

Appendix 5B Mining exploration entity and oil and gas exploration entity monthly report

Rule 5.5

Appendix 5B

Mining exploration entity and oil and
gas exploration entity monthly report

Name of entity

Name of entity
STONE RESOURCES AUSTRALIA LIMITED
ABN 44100727491	Month ended (“current month”)
44100727491	31 AUGUST 2016

Consolidated statement of cash flows

Consolidated statement of cash flows
Cash flows related to operating activities 1.1 Receipts from product sales and related debtors 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (provide details if material) Net Operating Cash Flows	Current month $A’000	Year to date (2 months) $A’000
	- (152) - (14) (85) - - - - -	- (188) - (39) (236) - - - - -
	(251)	(463)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets 1.10 Loans to other entities 1.11 Loans repaid by other entities 1.12 Other (provide details if material) Net investing cash flows 1.13 Total operating and investing cash flows (carried forward)	- - - - - - - - -	- - - - - - - - -
	-	-
	(251)	(463)

+ See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity and oil and gas exploration entity monthly report

1.13 Total operating and investing cash flows (broughtforward)	(251)	(463)
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Dividends paid 1.19 Other (provide details if material) Netfinancing cashflows	- - 300 (7) - -	- - 495 (14) - -
	293	481
Net increase (decrease) in cash held 1.20 Cash at beginning of month/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of month	42 86 -	18 110 -
	128	128

Payments to directors of the entity, associates of the directors, related entities of the entity and associates of the related entities

1.23 1.24	1.23 1.24	Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10	Current month $A'000
			11
			-
1.25 Explanation necessary for an understanding of the transactions The payments in item 1.23 were remunerations paid to directors during the month. Non-cash financing and investing activities 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cashflows N/A 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest N/A		Explanation necessary for an understanding of the transactions
		The payments in item 1.23 were remunerations paid to directors during the month.
	N/A
	Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest
	N/A

+ See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity and oil and gas exploration entity monthly report

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	N/A	N/A
	N/A	N/A

Estimated cash outflows for next month

Estimated cash outflows for next month
4.1 Exploration and evaluation 4.2 Development 4.3 Production 4.4 Administration	$A’000
	91
	-
	10
	94
Total	195

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the month (as shown in the consolidated statement of cash flows) to the related items in the accounts is asfollows.	Current month $A’000	Previous month $A’000
5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Bank overdraft 5.4 Other (provide details)	103	61
	25	25
	-	-
	-	-
Total: cash at end of month(item 1.22)	128	86

Changes in interests in mining tenements and petroleum tenements

6.1 Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements and petroleum tenements acquired or increased	Tenement reference and location	Nature of interest (note (2))	Interest at beginning of month	Interest at end of month

+ See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity and oil and gas exploration entity monthly report

Issued and quoted securities at end of current month

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

	Total number	Number quoted	Issue price per security (see note 3) (cents)	Amount paid up per security (see note 3) (cents)
7.1 Preference +securities (description) 7.2 Changes during month (a) Increases through issues (b) Decreases through returns of capital, buy- backs, redemptions
7.3 +Ordinary securities 7.4 Changes during month (a) Increases through issues (b) Decreases through returns of capital, buy- backs	701,643,586	701,643,586
7.5 +Convertible debt securities (description) 7.6 Changes during month (a) Increases through issues (b) Decreases through securities matured, converted
7.7 Options (description and conversion factor) 7.8 Issued during month 7.9 Exercised during month 7.10 Expired during month			Exercise price	Expiry date
7.11 Debentures (totals only)
7.12 Unsecured notes (totals only)

+ See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity and oil and gas exploration entity monthly report

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 5).

• 2 This statement does give a true and fair view of the matters disclosed.

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Sign here: ............................................................ Date: 7 September 2016 Company secretary Print name: TONY LAU

Notes

• 1 The monthly report provides a basis for informing the market how the entity’s activities have been financed for the past month and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements and petroleum tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement or petroleum tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

• 3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities.

• 4 The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Financial Reporting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

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+ See chapter 19 for defined terms.

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